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Local Bank Transfer Forex Brokers

Local Bank Transfer Forex broker is an intermediary between a trader and the currency market. Retail foreign exchange trading is not possible without a Forex brokerage. A good broker provides a trading platform, accepts deposits and processes withdrawals, provides leverage, and promptly executes trading orders.


Broker Name Min Deposit Max Leverage Spread Regulation
XM Group (2) XMGroup

XMGroup

$5 1:888 Variable - CySEC (license number 120/10); - The Financial Conduct Authority (FRN: 705428); - IFSC (license number IFSC/60/354/TS/19); - The Australian Securities and Investment Commission (AFSL 443670); - The Dubai Financial Services Authority (DFSA) (reference no. F003484).
Forex Time (4) Forex Time

Forex Time

$/€/£ 10 1:2000 Low - South Africa, with FSP No. 46614; - FCA (UK), 777911; - The Financial Services Commission of the Republic of Mauritius with an Investment Dealer License bearing license number C113012295.
FXTrading (0) FXTrading (2) forex broker

FXTrading

$1000 1:400 Low - Vanuatu Financial Services Commission Company No 40256); - AFSL Number 337985.
Amenda Markets (0) Amenda

Amenda

$/€/£ 200 1:125 Low - Regulated by the Financial and Capital Market Commission of Latvia – the FCMC (License number: 06.06.11.506/420); - United Kingdom (FCA) Reference No. 753412; - France (ACPR) Reference No. 75645.
EZYFX (0) EZYFX (5) forex broker

EZYFX

$500 1:1000 Low Company Number: 11498240
Golden FX (0) Golden FX

Golden FX

$250 1:400 Low St. Vincent and the Grenadines (registration number 1622 CTD 2017)
Nimble FX Markets (0) NimbleFXMarkets

NimbleFXMarkets

$10 1:500 Low Registered by the Financial Services Authority (FSA) License No. 23144/IBC
Axim Trade (0) AximTrade

AximTrade

$1 1:3000 Low Registration number 1566389 Regulated by the BVI Financial Services Commission (FSC 1566389)
RS Markets (0) RSMarkets

RSMarkets

$10 1:400 Low Registration number 25695 BC 2019 by the Financial Services Authority.
Topic Markets (0) Topicmarkets

Topicmarkets

$200 1:400 Low Licensed and registered in Vanuatu by the Vanuatu financial service commission under the name of TI Securities limited.
Uniglobe Markets (0) UniglobeMarkets

UniglobeMarkets

$100 1:500 Low
TICKCOPY (0) TICKCOPY (2) forex broker

TICKCOPY

$500 1:500 Low Reg. No. 25401BC2019.
Vista Forex (0) VistaForex

VistaForex

$100 1:1000 Low
IFGM (0) IFGM (1) forex broker

IFGM

$200 1:500 Variable Licensed by ASIC (AFSL 426359).

Trade With A Regulated Broker

Broker Profile Open Account
EXNESS
  • Minimum Deposit: 1 USD
  • Leverage of up to 1:2000
  • Broker Type : STP
  • Regulation : CySEC, 178/12 IFSA (St. Vincent and Grenadines), 21927 (IBC 2014)
  • EXNESS
    XM
  • Minimum Deposit: 5 USD
  • Leverage of up to 1:30
  • Leverage applies to all EU regulated entities of the group. Leverage depends on the financial instrument traded.
  • Broker Type : Market Maker
  • Regulation : CySEC,ASIC ,FCA
  • XM
    InstaForex
  • Minimum Deposit: 1 USD
  • Leverage of up to 1:1000
  • Broker Type : STP
  • Regulation : RAFMM
  • instaforex
    Tickmill
  • Offer: 30USD No Deposit Bonus
  • Minimum Deposit: 25 USD
  • Leverage of up to 1:500
  • Broker Type : ECN/STP & STP
  • Regulation : FSA SD008
  • Tickmill
    OctaFx
  • Offer: 50% Deposit Bonus
  • Minimum Deposit: 50 USD
  • Leverage of up to 1:500
  • Broker Type : ECN/STP & STP
  • Regulation : FCA (UK), 679306 IFSA (St. Vincent and Grenadines), 19776 IBC 2011
  • OctaFx
    HotForex
  • Offer: 100% Deposit Bonus
  • Minimum Deposit: 50 USD
  • Leverage of up to 1:500
  • Broker Type : ECN/STP & STP
  • Regulation : CySEC, 183/12 FSC (Mauritius), 094286
  • HotForex

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